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The Desert Sun
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bedrooms
bedrooms
2
bathrooms
bathrooms
2
square feet
square feet
2,073
acreage
Acreage
0.11797520661157025
open houses
Open Houses
-
year built
year built
1922
full baths
Full Baths
2
half baths
Half Baths
0
Introducing an extraordinary investment opportunity nestled in the vibrant Boyle Heights neighborhood of Los Angeles. This mixed-use property, strategically positioned for both residential and commercial success, boasts a substantial lot size of 5,139 square feet. Comprising two separate buildings, the first encompasses a 728-square-foot salon, offering a turnkey investment with a month-to-month lease and an enticing 7% cap rate. The second building features a comfortable 2-bedroom/1-bath residence spanning 1,345 square feet. Notably, the residence includes a non-confirming studio—a hidden income potential not currently reflected in the existing revenue. The month-to-month leases for both the salon and the residential unit provide flexibility for new owners, whether considering owner-occupation or optimizing rental terms. This property offers a unique house-hacking opportunity, allowing residents to live in the comfortable home while benefiting from the immediate income generated by the salon. Furthermore, with the potential for an SBA loan, financing options add an additional layer of appeal for savvy investors. Priced attractively at $500 per square foot for the residential component, this property stands out in the market. Beyond its immediate income potential, the mix of commercial and residential elements positions it as a well-rounded investment with prospects for long-term appreciation. Don't miss the chance to explore this rare mixed-use gem in Boyle Heights. Contact us today to uncover the full potential of this dynamic property—perfect for those seeking a diverse investment portfolio or a distinctive house-hacking opportunity. Developer? Tier 2 TOC bonus available. Available separately or concurrently with neighboring property.
Location
Subdivision -
County Los Angeles
Elementary School -
Middle School -
High School -
open houses Open houses
None scheduled.
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MLS number: PW23227505
Listing agent: Stelios Zoumberakis #02049494
Listing broker: Keller Williams Coastal Properties (562) 843-1017
Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Wednesday, January 1 2025 at 4:36 a.m. EST
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